Page 2583 - Company News

Page Industries Q4 net profit rises about 4-folds to Rs 115.56 cr

Apparel manufacturer Page Industries Ltd (PIL) on Thursday reported nearly four-fold jump in its net profit at Rs 115.56 crore for the fourth quarter ended March 2021.

Ford declares 'no production days' on May 28, 29 at Tamil Nadu plant

Ford India, the subsidiary of US auto-maker Ford, on Thursday said it would observe 'no production days' on May 28 and 29

Karnataka puts on hold decision to sell 3,667 acres to JSW Steel

This comes amid opposition from within the ruling BJP and cases pending in courts

Liquor sales recover, rise 6% in fourth quarter; FY21 sales fall 12%

States such as Uttarakhand, Himachal Pradesh and Haryana reported over 40 per cent growth in IMFL sales during the fourth quarter of 2020-21

BPCL may resume Iranian oil buying if no sanctions, needs concessions

India is the world's third largest oil consumer and importer

Burger King India's shares close nearly 3% lower on Q4 loss

The stock dipped 7.22 per cent to Rs 145.05 during the day on the BSE. It finally closed at Rs 152.05, lower by 2.75 per cent

Workers at Ford's Chennai plant stage protest to seek halt amid Covid surge

The incident is the latest expression of discontent and reluctance among factory employees in Tamil Nadu, home to India's flourishing automobile industry, to work amid a surge in virus infections

Here's how Twitter and Google have reacted to India's new digital rules

Listen to this podcast to understand India's new digital rules and social media companies' take on the issue

Sun Pharma Q4 net more than doubles to Rs 894 cr; declares dividend of Rs 2

Its revenue from operations came in at Rs 8,522 crore for the quarter under review, an increase of 4 per cent from the previous year

Flipkart expands financial support for sellers, offer credit up to Rs 5 cr

Sellers get secured and unsecured loans at interest as low as 9%; sanctions and disbursals within 24 hours of application

Drugmaker Zydus Cadila's fourth quarter net profit up 73% at Rs 679 crore

Total income from operations of Rs 3,847 crore was up by 3 per cent from Rs 3,752 crore in Q4 FY20.

Autocomp sector set for a rebound after two tough fiscals, says Crisil

The automotive components sector will see revenue rebound 21 to 23 per cent next fiscal: Crisil

Paytm said to target $3-billion IPO, largest ever for India: Report

If successful, Paytm's initial share sale would surpass Coal India Ltd.'s offering, which raised more than Rs 15,000 crore in 2010 in the country's largest IPO so far

CSS Corp to appoint Sunil Mittal as its Chief Executive Officer

CSS Corp, a global customer experience and technology consulting services provider, today announced that its board has unanimously chosen Sunil Mittal as the organization's Chief Executive Officer

KEC International unperturbed even as second Covid wave postpones tenders

Eyes overseas orders to make up for domestic order loss; company has presence in 30 countries

Zydus Cadila seeks regulator nod for clinical trials on Covid-19 therapy

Company says product helps treating mild coronavirus patients and reduces hospitalisation.

Revised offer for Jaypee Infratech is legally compliant, says NBCC

At its meeting held on May 24, the Committee of Creditors (CoC) deferred the voting on Suraksha Group's bid

Ikea steps up online presence in India, to roll out shopping app

The app will be available on both Android and iOS platforms and will offer 7,000 products at competitive price points

Bharti Airtel, Jio call on the digital game, but it's a long haul yet

The big two telecom players have reorganised their digital businesses in readiness to monetise them.

Amid key concerns, metal stocks may see soft trend in medium-term

Cloud over domestic demand, rising global supplies and high valuations are key concerns